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Mixed-Use Development Opportunity
For Sale
$1,350,000

5842 E BURNSIDE ST, Portland, OR 97215

Prime Portland location for mixed-use or multifamily development.

Property SizeContact for details
Days on Market192

Property Features for 5842 E BURNSIDE ST

General Information

Standard status Active
Property subtype Land
Listing Agency: Ascend Realty & Property Management
Listed By: Ernie Coufal
Source: Hansenrealtygroup
Added: Mar 24 Changed: Sep 19 Last Checked: Sep 30 at 11:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ascend Realty & Property Management

Investment Insights

Based on property information with market context.

This property, zoned CM2, allows for mixed-use, multifamily, commercial, and office development. It is ideally suited for a multi-story mixed-use or multifamily project with ground floor retail. The location is in the Mount Tabor neighborhood of SE Portland. The property features approximately 110 feet of frontage along E Burnside St, a heavily trafficked street. The area is highly walkable, bikeable, and transit-rich. Mount Tabor Middle School is nearby.

Key Highlights

  • CM2 Zoning – allows mixed‑use, multifamily, commercial, and office development
  • Premier SE Portland location in the vibrant Mount Tabor neighborhood
  • Ideal for multi‑story mixed‑use or multifamily project with ground floor retail

Property Analytics

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Current Use

Donut Queen Bakery

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Nail Salon Food Market HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,104
Businesses Nearby

Demographics for 97215, OR

18,221
Population
7,855
Households
2.3
Avg Household Size
40
Median Age
64%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
7,922
Density / Sq Mi
$114,361
Median Household Income
$62,704
Median Earnings
$1,587
Median Rent
$658,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime Portland location for mixed-use or multifamily development.
Where is this commercial land located?
The property is located at 5842 E BURNSIDE ST Portland, OR.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: CM2 Zoning – allows mixed‑use, multifamily, commercial, and office development; Premier SE Portland location in the vibrant Mount Tabor neighborhood; Ideal for multi‑story mixed‑use or multifamily project with ground floor retail
More about this property
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